Retirement

The majority of baby boomers intend to have a more active lifestyle in retirement than their parents (86 percent), as well as a better standard of living (72 percent), according to Bank of America’s Merrill Lynch Affluent Insights Quarterly.

As the economy gradually recovers, some mature workers are feeling more comfortable about retiring now compared to last year at this time.

Emerging Information Systems Inc., developer of NaviPlan and Profiles financial planning software, has introduced a new Retirement Consumer Facing Application for Profiles Professional.

The economic crisis has brought personal finance front and center, for Americans as well as others throughout the world, the ING Retirement Institute Research Institute found.

Three-quarters of millionaire retirees were highly satisfied in their retirement, but satisfaction didn't change much more as net worth rose beyond that, and half of those with less than $250,000 in net worth were highly satisfied in retirement, according to a new survey.

IMGCAP(1)]If the stock market and your clients’ declining 401(k) balances are making them feel like they’ll never be able to fully retire or become financially stable, they’re not alone.

Three months of rising confidence among small business owners stalled in December, as fewer saw the economy getting better and more said they saw it getting worse, according to a new survey.

Today’s workers anticipate retiring much later than previous generations, according to a new global retirement planning study.

The 2010 Small Business Jobs Act, enacted on Sept. 27, 2010, provides a new opportunity for Roth 401(k) plan participants to convert their existing 401(k) plan balances into Roth 401(k)s.

The Internal Revenue Service has published guidance relating to rollovers from 401(k) plans to designated Roth accounts in the same plan.

Sage North America has partnered with Plan Administrators, Inc. to create Retirement Services for Sage Customers, offering 401(k) plans to Sage Peachtree customers and other small businesses in the market for an employee savings plan.

IMGCAP(1)]If your clients who are closing in on retirement, planning for the day they leave the workforce is probably at the top of their minds. But retirement planning is critical at any age. It’s never too early to begin putting a retirement savings strategy in place for your clients.

A bipartisan task force has issued a plan to cut the size of the national debt and the federal budget deficit through taxes and other means.

HIGH-NET-WORTH INDIVIDUALS SHUN RETIREMENT

Economic confidence is rising among CFOs, according to a new survey that found 57 percent of them saying they plan to hire additional employees in the next six months.

The Internal Revenue Service said the cost-of-living adjustments affecting the dollar limitations for pension plans and other retirement- related items for tax year 2011 will mostly remain unchanged, except for a few small inflation adjustments.

A new report by the Government Accountability Office uncovered hundreds of allegations of physical abuse, neglect and financial exploitation by guardians in 45 states and the District of Columbia between 1990 and 2010.

ADVISORS CONTINUE SHIFT TO FEE-BASED MODELS

The U.S. Department of Labor and the American Institute of CPAs have launched an interactive website to help small businesses select a retirement plan suitable for their employees.

The number of American workers participating in a retirement plan continued to decrease last year, adding to a trend that began with the recession of 2008 and reaching its lowest level in a decade, according to a new study.